This is the first public-private partnership project in Russia structured within the framework of the federal law on PPP No.224-FZ. The holding company (OOO Seventh Concession Company) submitted a private initiative to the Government of the Novosibirsk Region in 2018 and was selected as the private partner based on the results of the tender.
The PPP agreement was signed on the sidelines of the Russian Investment Forum in Sochi in February 2019.